On 09/08/2024 17:52, Richard Brown wrote:
On 2024-08-06 11:08, Patrick Fitzgerald wrote:
Hi Attila,
As a result of questions asked elsewhere (and here), I have further information in relation to the questions you have raised here.
Firstly: I do not have more than 75% of the voting rights as suggested below. That was the case /at the time/ of forming the not-for-profit foundation, as someone has to do it - take a look at the "Filing history" tab at [1], there you can see that the link that you provided is dated 14 February 2023.
I’m sorry Patrick but your statement that you do not have 75% of the voting rights is just not held up by UK public records
If the articles of association reduced your influence as you said, I’d expect the Companies House registration to reflect that - case in point, OpenUK which has no individual with overall control OpenUK has been going a lot longer, so there is a lot more information available. As to the Companies House registration, that is not automatic (see more below)
https://find-and-update.company-information.service.gov.uk/company/11209475/...
Until the Geekos foundations public records are present and correct I have my doubts about its credibility as an organisation to represent this project. Sure, I will ask my accountants to expedite the update. (I asked them when this was first raised, but they referred me to the Articles of Incorporation as "proof". I will revert when I have definitive evidence.)
I also have my doubts regarding the Geekos Foudations accounts. I understand there is no statutory requirement to provide accounts (yet) but as you have made well aware the Geeko foundation has raised significant money in the name of supporting that Project and the very brief update at oSC was very scarce on details.
I think the project deserves to know exactly how much money was raised in its name.
I understand the main expense of the Geeko foundation has been travel support.
I think the project needs to know how much money was spent on getting how many contributors to which events. Exact details of who of course is probably too much as I expect many contrubutors don’t want it known they needed support. All agreed, the last point should be fairly easy to achieve, depending on the granularity required. Would a simple "Total Event TSP / attendees" be enough? Looking for guidance here.
I also think it’s essential the Geeko Foundation reports separately how much money is being spent by the trustees on their own expenses. I believe these expenses should be itemised in some detail to eliminate any fears that the Foundations funds are being misappropriated.
Agreed. However we are all working full-time jobs, and the extraction and formatting of this information is somewhat time staking, at least initially. We hope to automate this. But we will make this a priority, as much as time allows us to. In fact, anyone with python / rest skills is welcome to help with the integration with our accounts system! Anyone interested?
With that sort of information and correct legal filings I think the Geeko Foundation would be in a good position to consider for a deeper involvement in this Project. Good to hear.
Regards
Richard
-- <br/> <b>Patrick Fitzgerald</b> <h3>i-Layer Limited</h3> <hr/> All Support queries to: isupport@i-layer.com